TAXATION - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Deferred tax assets
Tax loss carryforwards	$ 152,864	$ 197,498
Unearned premiums	59,441	68,408
Reserve for claims and claim expenses	131,121	95,685
Deferred finance charges	17,832	19,442
Deferred underwriting results	1,548	9,373
Accrued expenses	4,336	2,849
Investments	2,687	37,044
Amortization and depreciation	23,877	16,386
Value of in-force business	167,599	167,599
Intangible assets	420,143	408,654
Deferred tax assets	981,448	1,022,938
Deferred tax liabilities
Deferred acquisition expenses	(125,347)	(112,157)
VOBA	(17,540)	(46,109)
Deferred revenue	(8,685)	0
U.S. tax accounting method change	(7,312)	0
Deferred tax liabilities	(158,884)	(158,266)
Net deferred tax asset (liability) before valuation allowance	822,564	864,672
Valuation allowance	(147,079)	(213,277)
Net deferred tax asset (liability)	$ 675,485	$ 651,395

The sum of the tax effects as of the balance sheet date of deferred tax assets and deferred tax liabilities, before consideration of the valuation allowance recorded as of the balance sheet date pertaining to the specified deferred tax asset for which an assessment was made that it is more likely than not that all or a portion of such deferred tax asset will not be realized through related deductions on future tax returns.

No definition available.